Overton County, Tennessee Housing Market

In Overton County, Tennessee, the median home value is $173,200, with a median monthly rent of $832. This places Overton County at #1736 nationally out of 3134 counties by median home value, and #63 within Tennessee.

Median Home Value $173,200
Median Rent $832/mo
Owner Occupancy 76.9%
Price/Rent Ratio 17.3

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Overton County rose +7.5% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

4,477
jobs (private sector)
  • Avg weekly wage: $1,056
  • Establishments: 397
  • BLS QCEW, 2025
🏗️

Housing Supply

9
new units authorized (2025)
  • Single-family: 9
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+709
net migration (filers, 2021-2022)
  • Inflow: 8,751 (avg $57,012)
  • Outflow: 8,042 (avg $55,603)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Overton County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 38570 309.8 +8.19% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Overton County Compares

MetricOverton CountyTennessee AverageU.S. Average
Median Home Value $173,200 $223,385 $227,706
Median Gross Rent $832 $892 $968
Owner Occupancy Rate 76.9% 74.1% 73.3%
Price/Rent Ratio 17.3 20.5 18.7

Market Analysis

The median home value in Overton County is 22.5% below the Tennessee state average and 23.9% below the U.S. national average. The median rent of $832/month is 6.7% below the state average.

With a price-to-rent ratio of 17.3, the buy-vs-rent decision in Overton County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Overton County has an owner-occupancy rate of 76.9%, compared to 74.1% in Tennessee and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Somerset County Maryland $173,200 $1,013
Darke County Ohio $173,200 $779
Washington County Oklahoma $173,200 $907
Florence County Wisconsin $173,200 $750
O'Brien County Iowa $173,100 $868

Other Counties in Tennessee

CountyMedian Home ValueMedian RentOwner Occ.
Lewis County $173,400 $708 81.9%
Houston County $172,700 $735 81.0%
Hawkins County $176,300 $785 80.1%
Polk County $169,900 $676 83.6%
Carter County $168,200 $739 75.2%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).